House Democrat calls for DOJ probe into Saudi-backed PGA-LIV merger, details bill ending tax benefit
Fox News
EXCLUSIVE: Rep. John Garamendi is demanding the Justice Department investigate the merger of the PGA Tour with Saudi-backed LIV Golf, while proposing legislation to strip the organization of its tax-exempt status.
Brooke Singman is a Fox News Digital politics reporter. You can reach her at Brooke.Singman@Fox.com or @BrookeSingman on Twitter.
That legislation would end the tax loophole that the PGA Tour benefits from to avoid paying any federal corporate income tax.
Garamendi, during an interview with Fox News Digital, said the PGA’s exemption, if left untouched, "will now flow to the Saudi Arabian Sovereign Wealth Fund through their acquisition of LIV."
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